ScoutQuest30 Sep 2026
Welspun Enterprises532553Show cause notice

Show Cause Notice from Haryana State GST Authority proposing tax of Rs. 15,37,46,253

The company has received a Show Cause Notice from the Deputy Commissioner of State Tax, Haryana, for FY 2022-23.

Proposed Tax Amount
Rs. 15,37,46,253
Authority
Deputy Commissioner of State Tax, Haryana
Period
FY 2022-23
Issue
Alleged short payment of tax / excess availment of ITC where vendor payments were not made within 180 days
Date Received
September 30, 2026

What was shared

The company informed the exchanges that it has received a Show Cause Notice (SCN) from the State GST Authority in Haryana.

Key details

The allegation

The notice relates to alleged short payment of tax / excess availment of input tax credit (ITC). It primarily concerns cases where payment was not made to vendors within 180 days, and seeks an explanation on ITC availed on certain supplies, said to be in violation of Section 16 of the CGST/HRGST Act.

Company's position

The company's assessment is that the demand is not maintainable and without merits. It is taking steps to file a detailed reply and expects the demand to be set aside during adjudication proceedings. It does not foresee any material impact on its financial, operational or other activities.

How to read this

A Show Cause Notice is a proposal at the start of a tax process, not a final demand or an order to pay. The matter goes through reply and adjudication, and outcomes can be contested further. For investors, the figure worth tracking is the proposed tax of Rs. 15,37,46,253, plus interest and penalty that could apply if the demand is eventually upheld.

More numbers
  • Tax proposed in Show Cause NoticeRs. 15,37,46,253/-
  • Vendor payment period referenced180 days
Source: BSE · 30 Sep 2026

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